cTrader, an FX trading platform which adopts cloud technology to offer direct market access(DMA) brokerage capabilities to new, experienced and institutional traders in the FX market. Its an Algorithmic trading platform that allows traders to develop their own custom made robots and indicators.
The new addition to the cTrader enhances the stop-out method by protecting trader margins, therefore increasing the lifespan of a trader’s balance unlike the usual process used by some other outdated platforms which liquidates positions once stop-out levels are touched starting with the most unprofitable position.
Alexander Strelnikov, a Product Manager at Spotware, explained:
“cTrader’s new stop-out method protects trader margins and increases the lifespan of a trader’s balance. The rudimentary process used by some other outdated platforms is to liquidate positions once stop-out levels are reached starting with the most unprofitable position. Unfortunately this method works against traders when they are at risk of having their balance wiped out.”
cTrader was awarded “Best Retail Platform of 2013” by FX Week.